An Act relative to increasing economic development and business opportunity in the design and manufacture of video games through the use of tax credits

This bill expands existing tax credit programs for the motion picture industry to include video game development. It defines "video games" broadly as interactive software (excluding gambling products) and creates a new category for "video game production companies" meeting specific ownership criteria. Eligible companies can claim tax credits for qualified production costs, but cannot be more than 25% owned by entities in default on Commonwealth loans. The bill updates multiple sections of tax law to incorporate these new provisions alongside existing film industry incentives.